India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
The world has become more unequal in income and wealth in the last 40 years. That’s according to the World Inequality Report 2022. According to the WIR, the richest 10% of adults in the world own around 60-80% of wealth, while the poorest half have less than 5%.
An analysis of the consequences of the Evergrande crisis and Chinese debt.
The pandemic infection rate shows no sign of even slowing. In the North, employment levels are still down and real incomes are set to fall, especially for the lower paid. For the billions in the South, the spectre of poverty, illness and exploitation will be realised.
As we await the result of the US presidential election, here are some facts about the US economy within a world context.
In a world where environmental degradation is threatening to destroy the planet and there is a world economic slump not seen since the 1930s, the Nobel Prize givers recognise the work of two economists on how to make the auctions of commodities, land and services more efficient.
Technology does not deliver a “happy life” (Smith) or “abundant leisure” (Keynes). Mechanisation under capitalism has actually led to more ’bullshit jobs’ that destroy creativity and meaningful work, while increasing toil.
A very small elite owns the means of production and finance and that is how they usurp the lion’s share and more of the wealth and income.
Janata Weekly is India’s oldest independent socialist weekly.
Ever since its founding in 1946, Janata has voiced its principled dissent against all conduct and practice that is detrimental to the cherished values of nationalism, democracy, secularism and socialism, while upholding the integrity and the ethical norms of healthy journalism. For more than seventy years now, week after week, it has continued to analyse the changes taking place in the country and the world from a socialist standpoint, and thus promote the spread of socialist ideology in the country.
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